Starting in May, the Treasury Helium will begin sending economic Writer Stimulus Payments to more than 130 million households its qualified members. To receive a payment, taxpayers Helium members writers must have valid Social Security number, $3,000 of income and file a 2007 federal tax return at least one writing and one rating star. IRS Helium will take care of the rest. Eligible people writers will receive up to two-and-a-half times their normal article earnings. (Apologies, IRS.)
What is it?
Helium shares revenue with members based on the value of each article, which is derived from a combination of article quality, traffic and advertiser interest. The money you receive from this revenue share shows up under “Active Article Earnings” on your Earnings & Payments page each month. Separate from any contest, Invite-a-Writer, Marketplace and Reward-athon earnings, this is the revenue that each of your articles generates. And it’s the object of our Writers Stimulus Package.
As the economy hiccups and advertising revenue dithers, many writers are seeing these revenue share earnings dip. But Helium wants to do its part for our writers pocketbooks (and the global economy), and so we are introducing the Writers Stimulus Package, a six-month program to get us earning our way to economic health!
Are you eligible?
For your active articles on Helium that are earning revenue share:
- You need at least one (1) rating star to qualify
- Your articles that earn revenue share are then eligible for the following bonuses each month
A. If you have one (1) writing star, you get a 50% bonus
B. For two (2) writing stars, you get a 75% bonus
C. For three (3) writing stars, you get a 100% bonus (double your money!)
D. For four (4) writing stars, you get a 125% bonus
E. For five (5) writing stars, you get a 150% bonus
How do you get it?
We’ll calculate your article earnings over the month and apply your Writer Stimulus Payment at the end of every month, from May through October 2008. Look in “Adjustments” on your Earnings & Payments page on the first day of the following month (i.e., for your May Stimulus Payment, look on June 1).
How much will you get?
If you have five writing stars (and, of course, a rating star), you would earn two-and-a-half times your usual article earnings! The more writing stars, the higher your Stimulus Payment.
Not eligible at the current time?
As long as you have articles that earn revenue share, all you need is at least one rating star and one writing star to qualify for the Stimulus Payment. Start working on those stars now! If you have at least one rating star and one writing star by the end of May, you can begin earning additional money from the Stimulus Package.
The small print
Contests, Marketplace, Invite-a-Writer and other promotional earnings are not included in the Writers Stimulus Package. If you donated the earnings from an article to a charity, the Writers Stimulus Payment will go to you and not the charity (sorry, but it is too hard to apply this otherwise). The Writers Stimulus Package runs for six months, from May until the end of October 2008. In order for your Writers Stimulus Payments to reflect all your activity in the month, we calculate on the first day of the following month (so May’s Stimulus Payment will appear in your Adjustments on June 1). In case this Stimulus Payment puts you over the $25 mark, we’ll also allow members to request Payment on the first of the month for the duration of the Writers Stimulus Package.
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